October 15, 2012

Canadian gold miner Petaquilla rejects Inmet’s $112 million bid

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, a $112-million takeover bid for the company by Inmet Mining Corp. (TSX:IMN), which operates a gold mine adjacent to Petaquilla’s…

October 15, 2012

Argonaut Gold makes friendly $341-million deal to acquire Prodigy Gold

Argonaut shares drop 6.87%

October 15, 2012

Global consulting firm The Highland Group opens Americas Mining practice

The Highland Group, a leading global business consulting firm, today announced the formal establishment of its Americas Mining Practice.

October 15, 2012

Vale seeks $500 million IADB financing for potash project

Brazilian giant miner Vale (NYSE: VALE) is about to close a $500 million loan agreement with the Inter-American Development Bank (IADB) for its Rio Colorado potash project in Mendoza, Argentina.

October 15, 2012

Baja Mining Announces Further Funding for Boleo Project

The company announced that a Korean Consortium has advanced additional US$13.3 million to Minera y Metalúrgica del Boleo S.A. de C.V. for the construction of the Boleo Project.

October 15, 2012

Golden Tag drills 100-meter step-out hole intersecting 63 g/t silver over 241 meters with 0.7% lead and 1.5% zinc (143 g/t AgEQ(i)) at San Diego project, Mexico

100-meter step-out hole intersecting 63 g/t silver over 241 meters with 0.7% lead and 1.5% zinc at San Diego project, Mexico

October 15, 2012

New study says Brazil is about to flood export markets with iron ore

Brazil is slated to produce 820 million tonne of iron ore in 2016, a more than 60% jump from today's levels. How will Chinese demand keep up?

October 15, 2012

Rio Novo Gold provides exploration update on its Toldafria gold project

Veinlet mineralization running from 0.3 g/t to 0.7 g/t Au, with internal higher grade veins assaying from 5.0 g/t Au to 36 g/t Au in some areas.

October 12, 2012

Vale kicks off copper production at Zambia mine

Brazil's Vale (NYSE:VALE) announced it has started producing copper concentrate at its Lubambe mine in Zambia.

October 12, 2012

Fortuna Silver posts 53% silver, 230% gold YoY output gains in Q3

Fortuna Silver Mines (TSX:FVI) has logged major gains in the output of silver and gold from its two mines in Latin America for the third quarter of 2012.